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Mar 2, 2013
03/13
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it clear that the president got his tax on january 1. this discussion about revenue in my view is over. it's about to take in on the spending problem here in washington. >> the cuts of $85 billion automatically take effect at midnight local time. president obama predicted many americans would feel the pain. some social programs will be cut, some teachers will lose their jobs. and half of the cuts fall in the military. the navy may have to limit their operations. arms contracts may have to be canceled. economists warn that growth will slow even further. hundreds of thousands of jobs could be at risk. the cuts are to be imposed over the next seven months. though they could be stopped at any time if the two sides agree on a deficit reduction package. >> u.s. secretary of state john arey has arrived in egypt with meetings for both groups. their talks were overshadowed by comments made earlier this week, . he says the comments are objectionable and only complicate peace efforts in the region. hugo chavez is fighting for h life in caracas. thi
it clear that the president got his tax on january 1. this discussion about revenue in my view is over. it's about to take in on the spending problem here in washington. >> the cuts of $85 billion automatically take effect at midnight local time. president obama predicted many americans would feel the pain. some social programs will be cut, some teachers will lose their jobs. and half of the cuts fall in the military. the navy may have to limit their operations. arms contracts may have to...
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Jan 1, 2013
01/13
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is to stop taxes from going up for middle-class families starting tomorrow. i think that is a modest goal that we can accomplish. democrats and republicans in congress have to get this done, but they are not there yet. they are close, but they are not there yet, and one thing we can count on with respect to this congress, if there is even one second left before you have to do what you need to do, they will use that second. >> it is too bad he does not spend as much time solving problems as he does with campaigns and pep rallies. i will say i am very disappointed with what the president had to say. i want to go on record to say that it is unacceptable to pay for the sequestered revenues. >> we are joined live from washington, d.c. if this deal is so close, why has congress not signed off on it? >> well, you always have to remember there are two houses in congress, and both of them have to sign off on this one, and there is not even a bill to sign off on. the people's house, they went home for their new year's eve. they are gone. john boehner, the speaker, said
is to stop taxes from going up for middle-class families starting tomorrow. i think that is a modest goal that we can accomplish. democrats and republicans in congress have to get this done, but they are not there yet. they are close, but they are not there yet, and one thing we can count on with respect to this congress, if there is even one second left before you have to do what you need to do, they will use that second. >> it is too bad he does not spend as much time solving problems...
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Jan 2, 2013
01/13
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president obama is expected to sign the bill to deter the brunt of tax hikes and spending cuts known as the fiscal cliff that took effect at midnight yesterday. the compromise bill passed by the house late tuesday makes bush tax cuts permanent for about 99% of households. it allows tax increases of about 5% only on incomes above $400,000 for individuals or $450,000 for couples. the deal extends unemployment benefits, renews tax credits geared toward low-income families, and delays automatic cuts for military and other spending for two months. president obama compromised on the tax issue after initially backing increases on family incomes of more than $250,000. speaking tuesday at the white house, obama claimed the deal is a victory. >> the central premise of my campaign for president was to change the tax code that was too skewed toward the wealthy and the expense of working middle class americans. tonight, we have done that. thanks to the votes of democrats and republicans in congress, i will sign a law that raises taxi -- taxes on the wealthiest 2 percent of americans while prevent
president obama is expected to sign the bill to deter the brunt of tax hikes and spending cuts known as the fiscal cliff that took effect at midnight yesterday. the compromise bill passed by the house late tuesday makes bush tax cuts permanent for about 99% of households. it allows tax increases of about 5% only on incomes above $400,000 for individuals or $450,000 for couples. the deal extends unemployment benefits, renews tax credits geared toward low-income families, and delays automatic...
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Jan 11, 2013
01/13
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as to taxes, you know, this was a classic example of the obama administration snatching defeat from the jaws of victory where it had all the leverage and negotiated against itself once again. yes, the wealthiest folks -- and this is the irony, we're talking about the george rodneys of the world rid i'm sorry, the mitt romneys of the world. there the principal beneficiary through something that is completely unsupportable on any policy ground, which is this a carried interest. which simply treats and, as if it were not in, any more for the wealthiest americans who received their money from running hedge funds. and that is continued. >> let's in with the legacy of the outgoing legacy of the timothy geithner air. president obama praised his time in office. >> thanks to his steady hand, our economy has been growing again for the past three years, our businesses have created nearly 6 million new jobs. the money we spend to save the financial system has largely been paid back. we put in place rules to prevent that kind of financial meltdown from ever happening again. an auto industry was save
as to taxes, you know, this was a classic example of the obama administration snatching defeat from the jaws of victory where it had all the leverage and negotiated against itself once again. yes, the wealthiest folks -- and this is the irony, we're talking about the george rodneys of the world rid i'm sorry, the mitt romneys of the world. there the principal beneficiary through something that is completely unsupportable on any policy ground, which is this a carried interest. which simply...
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45
May 20, 2013
05/13
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the irs has acknowledged that right-wing groups receive extra scrutiny in their bid for tax- exempt status. the office of the white house counsels that a received word of the irs controversy over two weeks before obama obama was finally made aware earlier this month. testifying before congress two days after he was forced to resign, acting irs commissioner steven miller apologized but said the additional scrutiny of right-wing groups was not politically motivated. >> as acting commissioner, i want to apologize on behalf of the internal revenue service for the mistakes he made in the poor service we provided. the affected organizations and the american public deserves better. i think that what happened here was that fuller's mistakes are made by people trying to be more efficient in their workload selection. the listing described in the report, while intolerable, was a mistake and not an act of partisanship. >> a federal judge has temporarily blocked a recent arkansas law banning abortion at 12 weeks of pregnancy. it was scheduled to take effect in august. but on friday, the judge issued a
the irs has acknowledged that right-wing groups receive extra scrutiny in their bid for tax- exempt status. the office of the white house counsels that a received word of the irs controversy over two weeks before obama obama was finally made aware earlier this month. testifying before congress two days after he was forced to resign, acting irs commissioner steven miller apologized but said the additional scrutiny of right-wing groups was not politically motivated. >> as acting...